Mining
Germany-based Bitcoin miner Northern Data forecasts €190M revenue for 2022
According to Northern Data's estimates, revenue for 2022 will be €189.9 million ($194.934 million).
Soumen Datta 2 min read
Bear Market News
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Top Bear Market Stories
Bear Market
GMX ranks as best performing crypto during devastating bear market
GMX is only down 23% from ATHs during a bear market that sees other tokens losing as much as 100%.
Mining
Research: BTC is now cheaper than the all-in-sustaining cost of mining BTC
The current cost of mining one Bitcoin is $18,800, whereas the cost of one Bitcoin currently stands at $16,5771.8.
Latest Bear Market News & Analysis
Web3
New $60M web3 fund from Axelar offers close support from Circle, Polygon & exposure to top investors
Axelar announces $60M funding program to support web3 innovation and close collaboration with partners like Circle and Polygon during bear market
Analysis
Cathie Wood’s ARK Investment isn’t doing so great
Everything ARK Investment touched is crumbling down and Cathie Wood's ETF is back to its pre-pandemic lows. However, investors are still holding tight.
Stablecoins
Waves Platform CEO announces launch of new stablecoin
Sasha Ivanov announced launch of new stablecoin and addressed Twitter user concerns surrounding depegging.
Analysis
Wave Labs reveals DAXA warning caused significant damage to WAVES token
Waves Labs reports that DAXA warning led to increased short selling of WAVES token, causing liquidity issues and market instability.
Bear Market
3Commas denies accusations of leaking API data resulting in $14.8M in ‘unauthorized trades’
Drama related to 3Commas 'hacks' increases as ZachXBT claims phishing scams not responsible for lost funds.
Bankruptcy
Greenidge signs $74 million debt restructuring deal as bankruptcy fears emerge
Greenidge Generation Holdings is restructuring a significant portion of its debt with NYDIG ABL and will provide hosting services.
More Bear Market News Headlines
Bear Market
Aptos-based Mojito Market suspends operation because of FTX crash
Enterprise
Elon Musk likely to resign as Twitter poll votes 57.5% in favor of him stepping down, DOGE falls 3%
Trading
Record-breaking Bitcoin whale selloff, 280k BTC offloaded in 30 days
Hacks